Austrian Crypto Users Will Soon Be Able to Spend Crypto at 2,500 Locations
Over 2,500 Austrian merchants can now accept cryptocurrencies as a payment method.
Crypto holders in Austria will soon be able to spend their coins at more than 2,500 points of acceptance using A1 Payment â€” one of the largest mobile network operators in the country.
According to an announcement made by Austrian fintech firmÂ Salamantex, its Crypto Payment Service SoftwareÂ is now integrated into the A1 Payment platform. Merchants will start accepting Bitcoin (BTC), EtherÂ (ETH)Â or Dash, instead of cash or credit cards, in summer 2020.
Austriaâ€™s current stance towards crypto
Salamantex also praised the countryâ€™s recent stance towards switching to cashless payment transactions â€œas far as possible.â€�
Markus Pejacsevich, the chief operating officerÂ of Salamantex, said:
â€œOur goal is to make paying with digital currencies at the checkout as easy and natural as we have been used to with credit cards for decades. With A1, we have a partner for the Austria-wide roll-out who, just like us, is convinced of this payment system of the future and works towards making payment with digital assets accessible to the broad masses.â€�
Regulated by the Financial Market Authority
Salamantexâ€™s Crypto Payment Service SoftwareÂ aims to enable a rollout of the crypto payment service in neighboring countries as well.
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